Jameson Russell
REALTOR®
SQUARE FEET11,865
MLS#1671234
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Welcome to The Village Inn & Tavern, an iconic waterfront property in the heart of Belgrade Lakes Village offering a rare opportunity to own one of Maine's premier hospitality destinations. Situated on approximately 0.89± acres with 250± feet of waterfront on Long Pond and Mill Stream providing access to Great Pond.The property features 8-10 guest rooms, an owner's residence, a waterfront restaurant and tavern, multiple indoor and outdoor dining areas, private docks with 8 seasonal boatslips on Great Pond and 1-2 seasonal slips on Long Pond, expansive event lawns, and ample on-site parking. Located within walking distance of Belgrade Lakes Village shops, golf, boating, and year-round recreation, this is a truly irreplaceable waterfront asset in one of Maine's most desirable lake destinations.Fully licensed, turnkey & grandfathered which offers a noteworthy portfolio investment opportunity with differentiated de-risked income streams which all provide a passive income investment versus the operational overhead of running a restaurant.
Property Features
Property Type: Commercial - Business
Basement: Dirt Floor, Walk-Out Access, Daylight, Finished, Sump Pump, Slab, Unfinished
Basement: Yes
Cooling: Heat Pump, Window Unit(s)
Heating: Oil, Propane, Wood, Baseboard, Heat Pump, Hot Water, Zon
Lot Size: 0.89 Acres
Roof Type: Metal
Taxes: $14,108
Year Built: 1899
Feature Descriptions
Accessibilitiy: Accessible Approach with Ramp
Electric: Circuit Breakers
Exterior: Wood Frame, Clapboard, Vinyl Siding, Wood Siding
Flooring: Carpet, Concrete, Tile, Vinyl, Wood
Foundation: Stone, Granite, Gravel/Pad, Poured Concrete
Lot: Business District, Deep Water Access, Near Shopping, Rural, Water View, Waterfront
Parking: 21+ Spaces, On Site, Off Street
Sewer: Private Sewer, Septic Design Available, Septic Tank,
Water: Private, Well
Listed By / Shown By
Listed By
Agency Name: Malone Commercial Brokers, Inc.
Agent Name: Cheryl Bonawitz
Agency Phone: 207-772-2422
Shown By
Agent Name: Jameson Russell
Agent Phone: (800) 741-1540
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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157 Main Street | MLS# 1671234
This commercial property located at 157 Main Street , Belgrade, ME 04918 is currently listed for sale with an asking price of $2,695,000. Search Belgrade real estate on jamesonrussell.masiellogrouprealestate.com today.